Public Policy
Definition
Public policy refers to the decisions and actions taken by government authorities to address societal issues and promote the well-being of its citizens.
Analogy
Think of public policy as a set of rules and guidelines that a school implements to ensure a safe and productive learning environment for all students.
Related terms
Government Intervention: Government intervention refers to when the government takes action in the economy or society to influence outcomes, such as implementing regulations or providing subsidies.
Social Welfare Programs: Social welfare programs are government initiatives designed to provide assistance and support to individuals or families in need, such as healthcare, unemployment benefits, or food stamps.
Taxation: Taxation is the process by which governments collect money from individuals and businesses in order to fund public goods and services, such as infrastructure, education, and defense.
"Public Policy" appears in:
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